shell

February 28, 2017 Shell Offshore Inc. (Shell), a subsidiary of Royal Dutch Shell plc, and MOEX North America LLC (MOEX NA), a wholly owned subsidiary of Mitsui Oil Exploration Co., Ltd, have each taken the final investment decision to execute phase one of the Kaikias deep-water project in the US

Shell announces that production has started from the Stones development in the Gulf of Mexico. Stones is expected to produce around 50,000 barrels of oil equivalent per day (boe/d) when fully ramped up at the end of 2017. The host facility for the world’s deepest offshore oil and gas project